354. Secured debentures are also called as _________.

Mortgaged debentures
Simple debentures
Bearer debentures
Registered debentures
✅ The correct answer is A.
Secured debentures are also called as Mortgaged debentures. These debentures have some asset of the company as collateral security. Since the applicant’s investment is protected against the asset of the company, it is called as a secured debenture.

348. Good inventory management is good ________ management.

financial
Marketing
stock
purchasing
✅ The correct answer is D.
Good inventory management is good purchasing management. Proper inventory management helps you figure out exactly how much inventory you need to have on-hand. This will help prevent product shortages and allow you to keep just enough inventory without having too much in the warehouse. A good inventory management strategy leads to a more organized warehouse.

346. In BSE shares are divided into_______________.

two categories
three categories
four categories
five categories
✅ The correct answer is B.
In BSE shares are divided into three categories. Primarily the stocks that are listed in the National Stock Exchange are divided into three different categories on the basis of the market capitalization – large cap, mid cap and the small cap.

344. Situation in which one project is accepted while rejecting another project in comparison is classified as

present value consent
mutually exclusive
mutual project
mutual consent
✅ The correct answer is B.
Situation in which one project is accepted while rejecting another project in comparison is classified as mutually exclusive. Mutually inclusive means the events cannot occur independently. For example, if I’m deciding which dress to wear to an event, that’s a mutually exclusive decision.

342. Stock with large amount of contribution of risk in a diversified portfolio is represented by

high beta and standard deviation
high beta, low standard deviation
low beta, low standard deviation
low beta, low variance
✅ The correct answer is A.
Stock with large amount of contribution of risk in a diversified portfolio is represented by high beta and standard deviation. Beta and standard deviation are measures by which a portfolio or fund’s level of risk is calculated. Beta compares the volatility of an investment to a relevant benchmark while standard deviation compares an investment’s volatility to the average return over a period of time.

338. When is it essential for insurable interest to be present in case of life insurance?

At the time of taking out insurance
At the time of claim
Insurable interest is not required in case of life insurance
Either at time of policy purchase or at the time of claim
✅ The correct answer is A.
Insurable interest is essentially a monetary interest which one should have on the continuing existence of the object of insurance. So, it is important for it to be there at the time of taking out insurance.

334. Life that maximizes net present value of an asset is classified as

minimum life
present value life
economic life
transaction life
✅ The correct answer is C.
Life that maximizes net present value of an asset is classified as economic life. Economic life is the period over which an entity expects to be able to use an asset, assuming a normal level of usage and preventive maintenance.